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如果掂量中国金融资产的质量,地方债务居高不下,不断积累的房地产泡沫和各种风险交错的权益类资产,或许会改变人们对中国资产证券化的信心。
If we weigh the quality of China’s financial assets, the high level of local debts, the buildup of real estate bubbles and various risk-stratified equity assets, it may change people’s confidence in China’s asset securitization.